Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
1,790 news found
IndustryFinmeccanica (3): first-quarter highlights and significant events after the end of the quarter
Rome, Italy - Outlook
"First-quarter highlights and significant events after the end of the quarter On January 27, 2005, Finmeccanica and BAE Systems signed the final agreement under which Finmeccanica will buy BAE’s UK-based d... more
IndustryFinmeccanica aims to favour the promotion of the FREMM frigates in the international market
Rome, Italy - And it suggests together with Alcatel an agreement with EADS and Thales for the Galileo satellite programme
Finmeccanica analyses the situation regarding a series of programmes which are directly involving it, with reference in particular to defence, space and the civil activities. Concerning the new FREMM frigates,... more
IndustryFinmeccanica (2): with Alcatel receive approval from the European Commission for the creation of the Alcatel Alenia Space and Telespazio
Rome, Italy - The Commission has in fact considered that both companies have strong competitive positions
"Alcatel (Paris: CGEP.PA and NYSE: ALA) and Finmeccanica are delighted with the decision of the European Commission which has given its approval for the creation of the two companies, Alcatel Alenia Space... more
IndustryConsolidation and integration: passwords for the further growth of Finmeccanica
Rome, Italy - It is being gone on focusing non the US market thanks most of all to the US-101 and the C-27J
Italian aerospace and defence group Finmeccanica aims to its own structure consolidation in an attempt to encourage the deepest integration among its units as a necessary consequence of the recent acquisitions... more
IndustryThales: Finmeccanica focuses on the future of the French group
London, UK - While waiting for a French Government 's decision about its destiny, the Italian holding intends to appraise each hypothesis
Finmeccanica President Pier Francesco Guarguaglini attended a meeting in London yesterday when he underlined the main points of the Italian aerospace and defence holding for the US market besides analysing... more
IndustryVitrociset: Finmeccanica confirmed the risks for workers
London, United Kingdom - But it gave the lie to negotiations for the purchase of some Group's sections
If Vitrociset’s activities performed for ENAV (Italian National Navigation Management Agency) are internationalized, at leat 1000 employees will risk to lose their job: Finmeccanica President Pier Francesco G... more
IndustryFinmeccanica (10). Performance by sector: AgustaWestland
Rome, Italy - Value of production: EUR 2,542 million (-2%); EBITA: EUR 257 million (-7%)
"Helicopters Company: AgustaWestland Value of production: EUR 2,542 million (-2%); EBITA: EUR 257 million (-7%) The world helicopter market promises substantial growth (from some USD 8 billion in... more
IndustryFinmeccanica (12). Performance by sector: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali
Rome, Italy - Value of production: EUR 2,056 million (+11%); EBITA: EUR 186 million (+16%)
"Defence electronics Companies: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali Value of production: EUR 2,056 million (+11%); EBITA: EUR 186 million (+16%) Electronics... more
IndustryFinmeccanica (11). Performance by sector: Alenia Spazio, Telespazio
Rome, Italy - Value of production: EUR 782 million (+2%); EBITA: EUR 32 million
"Space Companies: Alenia Spazio, Telespazio Value of production: EUR 782 million (+2%); EBITA: EUR 32 million (EUR 14 million in 2003) Alenia Spazio and Telespazio have undergone a major restructuring,... more
IndustryFinmeccanica (9). Performance by sector: Alenia Aeronautica, Aermacchi
Rome, Italy - Value of production: EUR 1,709 million (+30%); EBITA: EUR 154 million (+12%)
"Aeronautics Companies: Alenia Aeronautica, Aermacchi Value of production: EUR 1,709 million (+30%); EBITA: EUR 154 million (+12%) 2004 was the year of the Eurofighter: the Italian air force took... more
IndustryFinmeccanica (8): consolidated economic and financial situation
Rome, Italy - Value of production
"Consolidated economic and financial situation For a better understanding and comparison of the results, note that AgustaWestland, which was 50% consolidated using the proportional method until 30 November... more
IndustryFinmeccanica (6): Research and development
Rome, Italy -Element vital for the Group
"Finmeccanica and R&D Research and development are vital for a group whose capacity to respond to market needs is based on high technology. Finmeccanica has further consolidated its position as undisputed... more
IndustryFinmeccanica (4): 2004 highlights and significant events after year-end
Rome, Italy - In the single sectors
"2004 highlights and significant events after year-end 2004 was an important year for Finmeccanica, and one in which internationalisation proceeded apace, and the group’s aerospace and defence operations w... more
IndustryFinmeccanica (3): pre-tax profit was EUR 722 million
Rome, Italy - EUR 311 million higher than the EUR 411 million achieved in 2003
"Pre-tax profit was EUR 722 million, EUR 311 million higher than the EUR 411 million achieved in 2003. The sale of 3 million STM shares on the market in the first half of 2004, and the sale of around 93... more
IndustryFinmeccanica (7): the transition to IAS/IFRS
Rome, Italy - Placing an implementation strategy
"The transition to IAS/IFRS In light of delays by the EU in defining the relevant principles, and by the Italian government in adopting the new measures (specifically in respect of tax implications),... more
IndustryFinmeccanica (5): outlook
Rome, Italy - In the single sectors
"Outlook A significant increase in demand for commercial aircraft is expected in 2005, with fleets expected to double over the next 20 years. Also during the year Finmeccanica’s aeronautics division w... more
IndustryFinmeccanica (2): key figures
Rome, Italy - 2004 was a positive year for Finmeccanica
"Key figures 2004 was a positive year for Finmeccanica. Results were better than expected, both in terms of the balance sheet and the P&L, and were an improvement on 2003, generating satisfactory returns... more
IndustryFinmeccanica (13). Performance by sector: Elsag
Rome, Italy - Value of production: EUR 391 million (-2%); EBITA: EUR 14 million (-42%)
"Information Technology Company: Elsag Value of production: EUR 391 million (-2%); EBITA: EUR 14 million (-42%) In 2004, this division, comprising Elsag and its subsidiaries, continued its poor performance... more
IndustryEurosystems: conditions dictated by British Government
London, UK - Finmeccanica is requested to ensure the preservation of capabilities and information to protect British industry
British MoD and competent national competition authorities are supposed to take delivery of prospective notifications, by all the subjects able to indicate conditions or provide views, about the agreement... more
IndustryThe installation of "Alenia Aeronautica SpA" in South Italy can take place
Taranto, Italy - The Finmeccanica's company will produce the fuselages for the new Boeing B-787
After the necessary approval by Puglia’s Region (South Italy), in particular coming from Grottaglie and Monteiasi’s municipal corporations, it can take place the development of the plant related to "Al... more
IndustryIt is expected in short time the announcement concerning the choice of the consortium to which Galileo will be entrusted
Brussels, Belgium - The firm which started the project said tomorrow would give it
Galileo Joint Undertaking (JU), the firm to which it has been entrusted the phase of the development of the European satellite navigation project, announced that tomorrow March, 2, at 12:00 o’ clock i... more
IndustryNew European scenes for Finmeccanica
Rome, Italy - Italian industry expects mature times for new European scenes in the field of electronics for the defense
The General Associate Manager of Finmeccanica, Remo Pertica, interrogated on possible alliances with the French Thales on the European market of electronics for the defense, asserted that "They have had... more
IndustryBaldassarri: first Finmeccanica's business plan and then asset-stripping
Rome, Italy - Italian Economy vice-Minister said he is favourable at the choices related to a readjustment of the company but only after a well definite business plan
Italian Economy vice-Minister, Mario Baldassarri, at the end of the meeting of the national political part denominated National Alliance in which it has been discussed the business organization of Finmeccanica,... more
IndustryThales: "A turning point must be reached but the traditional relations must be preserved"
Paris, France - The French group's representatives appear convinced of it within the future possible alliances cadre
Thales’ representatives, the well known French group competent for defence electronics sector, would have recently commented on rumors which indicated meetings with Finmeccanica during the last days t... more
IndustryThales' dilemma: EADS or Finmeccanica?
Rome, Italy - The Italian holding, however, reacted with a firm "no comment" to the news regarding supposed meetings with the French company
Thales is searching for partners and there would appear to be several hypotheses in order to reinforce the sector for which the French company has a long and relevant experience, that is to say the one... more
IndustryItalian Defence industry now faces to radar
Milan, Italy - The new challenge of Italian Defence industry after the helicopter victory, is the electronically scanning array radar
R&D Finmeccanica Technical Director, Giancarlo Grasso, announced that the next Italian industrial challenge will be the radar technology. In the 13 research centres, among which only six are directly... more
IndustryStill new orders for ATR
Toulouse, France - The gold period for the Italian aeronautical industry continues
The Italian aeronautical industry continues with the gold period, after the victory of the tender with AgustaWestland, for the new US Presidential helicopter (see for details AVIONEWS), new orders are... more
IndustryFinmeccanica: an incomplete success due to the restricted support to Airbus?
Rome, Italy - Some international analysts would think that the lack of strong relations between the two groups lowers the growth opportunities for the Italian holding
Finmeccanica group’s success is in the centre of many analysts’ attention regarding the aerospace and defence sectors. A success internationally consolidated thanks to the victory achieved by the US-101 in... more
IndustryFinmeccanica-Alcatel waiting for European Union's green light
Rome, Italy - EU expected to decide between next Spring and Summer while the appointments of Presidents and CEOs should occur in two weeks
The next deadlines for the Finmeccanica-Alcatel alliance in the satellite sector regard the European Union’s green light for such a deal (expected to occur next Spring or, at the latest, early in Summer) a... more
IndustryFinmeccanica: the final deal with BAe and Alcatel
Rome, Italy - The group announced the formal sign of the related agreements respectively concerning defence electronics and the satellite sector
Finmeccanica Board of Directors provided a green light yesterday for the formal sign of the final deals with Alcatel and BAe Systems, respectively related to the alliances in the space sector and for the... more
IndustryFinmeccanica: "Strong also in 2005 if it encourages diversification"
Rome, Italy - Several international analysts would be convinced of it as they indicate the great industrial flexibility capability of the holding
Industrial forecast analyses carried out by international agencies found that Finmeccanica Group will be able to reinforce its role in the aerospace and defence sectors during 2005. The good performance... more
IndustryFinmeccanica: three programmes finishing straight
Rome, Italy - Alliances with Alcatel and BAe Systems and the announcement on the Marine One competition winner expected to occur late in January
The last days in January appear crucial for the future of Finmeccanica group. Some three extremely relevant events are being in fact awaited and all concern different sectors from one another. First and... more
IndustryA-380: Italian trade union's criticism against the shortage of Italian cooperation
Rome, Italy - FIOM-CGIL would have moaned about the lack of sufficient Italian contribution for such programme
Italian FIOM-CGIL trade union would have criticized the decisions in Italy regarding the Airbus A-380 programme. According to he union, Italian Government and Finmeccanica would have renounced to firmly... more
IndustryThe Finmeccanica-Alcatel agreement is nearer
Rome, Italy - The deal to be analyses during the Italian-French meeting on Tuesday January 25 but Finmeccanica denied it will be surely signed on such occasion
Finmeccanica Group proves nearer to achieve the agreements with Alcatel and BAe Systems for the founding of the respective projects on space and satellite systems in the first case and defence electronics... more
IndustryAermacchi (Finmeccanica Group) and the Hellenic Government sign a Memorandum of Understanding
Varese, Italy - For the M-346 production
"Aermacchi, a Finmeccanica company leader in the field of military training aircraft, and the Hellenic Ministry of Defence signed a Memorandum of Understanding (MoU) on the potential cooperation of the... more
IndustryEU: a defence single market
Brussels, Belgium - EU Commission and the Aerospace and Defence Industries Association of Europe are aiming to achieve such goal
Finmeccanica President, Pier Francesco Guarguaglini, seized a chance to meet some representatives from EU Commission yesterday in order to analyse the situation regarding aerospace and defence industries... more
Industry7E7 Dreamliner: Italian Puglia Region-Alenia Aeronautica signed the agreement
Bari, Italy - It schedules some EUR 560m investment for the adaptation of structures and activities in Grottaglie, Foggia and Brindisi
The formal agreement between Italian Puglia Region and Alenia Aeronautica was signed in Bari (Italy) yesterday for the investments devoted to the strengthening of the industrial activities related to the... more
IndustryFinmeccanica: alliances with BAe and Alcatel are likely to occur early in 2005
Rome, Italy - Two important industrial efforts for electronics defence, avionics and satellite communications
The creation of Eurosystems and the alliance between Finmeccanica and Alcatel would be about to occur. After completing the negotiating stage, some details would remain to be set and accomplish two relevant... more
Industry7E7 Dreamliner: the unions urged a meeting with Italian Government on the Grottaglie's matter
Naples, Italy - The purpose of the requested meeting would be to make the requirements of the new facility clearer and defend deals protecting Pomigliano
The Italian trade unions asked again for a meeting with Italian Government on the matter regarding the Alenia Aeronautica’s commitment for the 7E7 Dreamliner programme, with reference in particular to t... more
IndustryAvio: quoting in the Stock Exchange in 2006
Turin, Italy - The Italian company would think it can grow even starting in 2005
Avio, an Italian company owned by Finmeccanica and Carlyle and competent in the aeronautics power plants sector, could be quoted in the Stock Exchange in 2006. Actually, the firm would not have excessively... more
Industry7E7 Dreamliner: the Italian unions asked for a meeting with Government, the company and the Regions
Naples, Italy - The unions' representatives intend to put the risks for employment into evidence as they would stem from the Alenia Aeronautica's programme
The trade unions making efforts against the Alenia Aeronautica’s programmes for the production of the structural components of the new 7E7 Dreamliner requested by Boeing, had announced their intention f... more
IndustryFinmeccanica: the view on the future of the European and Italian aerospace industry
Florence, Italy - The secret is in the increasing collaboration among the companies of the sector and the competitiveness in the international market
Finmeccanica Vice-president, Giovanni Castellaneta, put forward his point of view on the future of the European and Italian aerospace industry at the Italian Air Force School of War located in Florence... more
IndustryBritish Government confirmed Finmeccanica's commitment for AgustaWestland
London, UK - The protection of relevant information owned by Ministry of Defence and safeguard of the production activities in Great Britain
British Government had already announced it: there is not problem for a full selling of the GKN’s share in AgustaWestland to Finmeccanica, provided that the Italian holding can warrant the observance o... more
IndustryFinmeccanica and CNR: a cooperation aimed to increase national competitiveness
Rome, Italy - A deal intended to favour synergies between the industrial environment and the state authorities devoted to research was signed yesterday
Finmeccanica is one of the greatest worldwide industrial companies in the aerospace and defence sector concerning the investments for Research and Development (see for details AVIONEWS), and it signed... more
IndustryThales: four hypotheses after the possible Alcatel's exit from its stake
Paris, France - Such share could be sold to French State, Dassault, British companies or EADS
Thales, former Thomson CSF, a leading company in France and one of the most important in Europe in the avionics and defence electronics sectors, could experience the selling by Alcatel of the stake in... more
IndustryFinmeccanica 4th in the world for investments in R & D
London, UK - In the meantime, the group is about to increase its presence in Italian Liguria Region
The United Kingdom Ministry for Industry would have recently unveiled the data related to the investments in the worldwide aerospace and defence industry with reference to R & D. Finmeccanica group would... more
IndustryFinmeccanica: the financial efforts for the growth of the holding
Rome, Italy - They deal with the full acquisition of AgustaWestland and the agreements with Alcatel and BAe
Finmeccanica is currently attending to the accomplishment of the financial efforts regarding the acquisition of a 50% stake of the helicopter group AgustaWestland owned by British GKN, the alliance with... more
IndustryEurosystems: Finmeccanica proves satisfied about the achieved results
Rome, Italy - Experts would think that the Italian group is able now to gain a EUR 3bn turnover in the defence electronics sector
The agreement in principle achieved between Finmeccanica and British Aerospace yesterday for the foundation of Eurosystems (see for details AVIONEWS), appears as a particularly satisfying one for the Italian... more
IndustryEurosystems: an agreement in principle on the sectors of concern
Rome, Italy - Finmeccanica and BAe analyse sectors and products destined to be included in the future final deal
Finmeccanica and British Aerospace achieved an agreement in principle on the future role of Eurosystems, while waiting for signing a complete and final deal. The two groups intend to develop the sharing... more
IndustryGKN-Finmeccanica agreement on AgustaWestland: the British Government's conditions
London, UK - Finmeccanica to ensure the protection of the sensitive data and to encourage the production of the choppers destined to GB in the country
British Government started a series of investigations during August, aimed to verify the legitimacy of the deals which led GKN to renounce to its stake in AgustaWestland, selling it all to Finmeccanica... more